The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1887-04-30
BUSINESS BAROMETER.
GENERAL CONDITION OF TRADE,
Tho Weeks Rcviow Of tho situation-Tho
Working OF tho Interstate Commerce
Dill aud Its Eject on Businsss-Tho
M Failures Through tho Country.

| NEW YORK, April Or. @. Dun &
Co.'s weekly review Of trade says: The
Interstate bill Is doubtless charged with
much interruption Of business that does
not belong to 1t, but during the past week
evidences have multiplied OF It's harmful
effect. By convincing proof that Boston's
export trade would be destroyed II the
customary rebates and iayoring rates we're
refused the Commission was led to yir.
tually suspend the operation OF tho second
section for the benefit Of tho Boston
roads. The Pacific roads obtained ex.'
emption and reduced their rates, except
the Union Pacific, which was by error
omitted. n
In tho session at Atlanta tho Commits.
sion was informed Of many, projected en-.
terprises, contracts for which had been
suspended until the question Of rates could
be settled. A contract for G00OO tons Of
paving at Marlboro, N. H., was refused.
rates being advanced three times as much
as the expected profit. Vast quantities Of
OF freight accumulate at many points
awaiting results Of appeals to the Com
mission. Louisville merchants complain
as to injury in aome trades. New Or
leanR expected an improvement but re-
alizes none, and finds business upset,
Cleveland feels the injury in important
branches. Hartford manufacturers find
that tho act threatens to exclude them
from many markets. Pittsburgh and
Philadelphia attribute to the act the dull
ness, and the iron market manufacturers
hold that they have already sustained
large aggregate loa5. Thus, while a reac-
ton alter the exceptional activity OF
March was predicted real and consider
able disturbance certainly results from
the law, and especially from the uncsr-
tainty as to its requirements.
General reports OF trade arc favorable,
and 1t Is cheering to note how hopeful
spirit is everywhere expressed. Money is
generally in good supply, though in de-
mand at Nashville, and tighter at New Or
leana. Collections continue fair, with i'm
provemont at Milwaukee and at C;ncin-
natl, except in trades affected by strikes
IN building and manufacturing; very good
at Nashville, except in the tobacco trade,
and less delayed than might BIZ expected
where real estate speculation RACES. At
many points tho unreasonable weather
embarrasses trade. &
The condition OF leading branches OF
business ia apparently improving. A
brighter sky is seen in the boot and shoe
trade, with increasing orders. A better
demand is seen for some kinds OF leather,
and prices for the new clip OF. wool at the
west are higher than was expected,
though in the eastern market the,e is no
change.
Cotton has been slightly advanced by
manipulation; cotton goods sro at present
IN moderate request, and print cloths q
shade lower, but the effect OF exceptional
purchases in March has not yet passed.
Wheat rose during the week and reacted
again. The battle between the Western
farmer who thinks higher, ,rail rates should
be borne by consumers, and the worlds
markets, which refuse to advance, does not
90 in favor of the farmers thus far. T-'
Coffee has been feverish. .a u.
Ot all the great industrieB, the iron
trade is most unsettled, because the Inter-
State changes may check railroad build
ing, whilo the projected increase in the
production Of iron is heavy. gsh
The business failures throughout the
country during the last seven days num-
Der for the United States l64, and for Cam
ada 81; total 19l against l90 last week,
and 2o1 Tor tho corresponding week last
year .# I..,.. -. IL. =.